All posts tagged "headline"

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  44.7 million telephone lines dormant —NCC

  A total of 44,665,145 connected telephone lines were dormant in the month of January, according to the Nigerian Communications Commission. This represents 25.82 per cent of the total number of connected lines, according to statistics obtained from...

  • Posted March 23, 2014
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  CBN orders banks to submit sample cheques

  The Central Bank of Nigeria has ordered Deposit Money Banks to submit their sample cheques before and after production, as well as post personalisation, to its Cheque Standard Administration Unit for inspection, analysis and approval. The move,...

  • Posted March 23, 2014
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  Lafarge Cement Wapco declares N27.7bn profit

  Lafarge Cement WAPCO Nigeria Plc has announced a profit before tax of N27.7bn for the year ended December 31, 2013. The amount represents a 30 per cent rise on the N21.3bn the cement manufacturer reported for the...

  • Posted March 23, 2014
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  All iPhones in Nigeria not authorized for the market

  Rutgers-Jan Van Spaandonk of Core Group Africa, authorized Apple distributors in Africa,  announced to a select ICT journalists that for the first time, Apple was going to officially make iPhone available in Nigeria by April. It means that...

  • Posted March 22, 2014
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  Local content: Nigeria loses N61trn to capital flight

  The Federal Government, yesterday, disclosed that the country has lost $380 billion, about N60.8 trillion, in capital flight over the years, due to failure of companies in the oil and gas sector to develop local capacity, in...

  • Posted March 22, 2014
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  FG urged to protect telecoms consumers

  In order to harness greater output from the telecommunication industry, the federal government has been advised to design policies to support consumer protection. Lagos-based financial advisory and research firm, the Financial Derivatives Company Limited (FDC), stated this...

  • Posted March 22, 2014
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  Reps ask CBN to stop trading in naira

  The House of Representatives on Thursday blamed the growing trading in new naira notes on members of staff of the Central Bank of Nigeria. In a resolution in Abuja, the House alleged that there was a cartel...

  • Posted March 22, 2014
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  GTBank Targets 20% Loan Growth in 2014

  Guaranty Trust Bank Plc (GTBank) expects to increase its loan book between 15 and 20 per cent this year after growth of 29 per cent last year as it seeks opportunities in telecom, oil and gas and...

  • Posted March 22, 2014
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  Northern Governors to host American investors

  Chairman of Northern Governors’ Forum, Mu’azu Babangida Aliyu of Niger State, will in May lead other northern governors to host an investment summit of visiting American investors eager to solve the  problem of terrorism through massive development ...

  • Posted March 22, 2014
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  FG wants power firms listed on NSE

  The Minister of Power, Prof. Chinedu Nebo, has said the Federal Government is working to get the privatised power firms listed on the Nigerian Stock Exchange in two-and-a-half years. According to him, getting the companies listed as...

  • Posted March 22, 2014
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